Depreciation of Infrastructure Assets & Resource Allocation Decision ...
Depreciation of Infrastructure Assets & Resource Allocation Decision ...
Depreciation of Infrastructure Assets & Resource Allocation Decision ...
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IA’S S DEFINED<br />
According to supply & demand<br />
characteristics ie:<br />
– a) ‘composite asset’ where life extended by<br />
replacement <strong>of</strong> components and;<br />
– b) demand for the service makes it desirable<br />
Implies ‘maintenance’ <strong>of</strong> infrastructure to<br />
ensure service provision